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Miller Cole (@MillerC0le) is joined by Ben Werkman (@Werkman), CIO of Strive (Nasdaq: ASST | SATA), for a conversation on SATA’s daily dividend, the June liquidation in digital credit, how Strive built through the bear with zero debt, and how Ben is thinking about SATA versus the common ATM on $ASST.
Strive’s preferred, $SATA, is the first US-listed security to pay a cash dividend every business day. It is back at par. The common has had a sharp month. The company holds more than 24,000 Bitcoin, carries zero debt, and on the day of this stream SATA paid its 67th daily dividend.
– Welcome: SATA at par, 24,000 BTC, day 67
– Building through the bear with an unencumbered balance sheet
– Why the drawdown was healthy for the sector
– Reverse split, SATA follow-on, and why scale matters
– The June liquidation and the path back to par
– Stretch, Strategy’s playbook, and building a track record
– Daily dividends and the pace of Bitcoin companies
– Knowledge sharing, the band, and the USD reserve
– ATM vs SATA, warrants, shorts, and amplification
– Liquidity, mNAV, and what the engine is worth
– Signaling Stretch back to $100, and closing thoughts
LSE: SWC | OTCQB: TSWCF | FRA: 3M8
Website: smarterwebcompany.co.uk
X: @smarterwebuk · @MillerC0le · @Werkman
Watch live / replay on YouTube and X. Drop questions and feedback in the comments!
This is not investment advice.